philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Peter Faneuil Development Group INC FY2023 filing

Tax-deductible

Boston, MA501(c)(3) EIN 04-3144786Revenue $647K in FY2023

On file with the IRS1 Florence St, 02131-3638 · Boston, MATax-exempt since Aug 1992Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To develop and operate housing for low income persons and their families.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $59K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 9.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $108K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.4M
65% of total assets
Fine: liabilities are 65% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$647K
+5% vs prior year
Spent
$662K
To programs
88%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$647K
FY2023▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$803K
FY2021$727K
FY2022$614K
FY2023$647K
FY2024$778K
Expenses
$662K
FY2023▲ +0.7%
Tap a bar for its year
Expenses by fiscal year
FY2020$558K
FY2021$639K
FY2022$658K
FY2023$662K
FY2024$758K
Net assets
$1.3M
FY2023▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.3M
FY2023$1.3M
FY2024$1.3M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $585K Management & general 12% · $77K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Natalya Leshchiner
Chief Financial Officer
$0Pt VII · Sec A
See Peter Faneuil Development Group INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and manages homes for low-income families.

Questions for Peter Faneuil Development Group INC

Tap to ask. Peter Faneuil Development Group INC sees how many people are interested.

Your first name shows with your question. Peter Faneuil Development Group INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $585K · in their own filed words · FY2023
01

Peter faneuil house is a 48 unit affordable housing property in the former faneuil school on beacon hill in boston, massachusetts. Peter faneuil house provides housing and related services for qualified low income tenants and their families.

$585Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Ruby W and Lavon P Linn FoundationFY2022$108K
Total grants receivedfrom 1 funder$108K

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$647K
Ln 12
Fees for servicesLn 2g$607K
Investment incomeLn 3$37K
Other incomeLn 4–11$3K
Money outPt IX
$662K
Ln 25
Programscol B$585K
Managementcol C$77K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$544K
Total assetsLn 16$3.8M
LiabilitiesLn 26$2.4M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$607K
Investment incomeLn 3$37K
Other incomeLn 4–11$3K
Total revenueLn 12$647K
Assets in detailPt X, end of year
CashLn 1$544K
Cash and savings togetherLn 1–2$544K
Land, buildings, equipmentLn 10c$2.2M
Other assetsLn 15$1.0M
Total assetsLn 16$3.8M
LiabilitiesLn 26$2.4M
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$321K$544K
Land, buildings, equipmentLn 10c$2.3M$2.2M
Total assetsLn 16$3.6M$3.8M
LiabilitiesLn 26$2.2M$2.4M
Net assetsLn 32$1.3M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$156K$102K$54K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$23K$23K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$9K$9K
Information technologyLn 14$4K$4K
OccupancyLn 16$120K$120K
InterestLn 20$65K$65K
Depreciation, depletion and amortizationLn 22$153K$153K
InsuranceLn 23$33K$33K
Other expenses (24a–d)Ln 24$94K$94K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$662K$585K$77K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $778K$758K$21K$1.3M 990 PDF
FY2023 Viewing $647K$662K−$15K$1.3M 990 PDF
FY2022 $614K$658K−$43K$1.3M 990 PDF
FY2021 $727K$639K$87K$1.4M 990 PDF
FY2020 $803K$558K$245K$1.3M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $646,873 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $596,326$606,602
I-10 Investment incomePrior year $10,386$37,380
I-11 Other revenuePrior year $7,772$2,891
I-12 Total revenuePrior year $614,484$646,873
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $657,819$662,166
I-18 Total expensesPrior year $657,819$662,166
I-19 Revenue less expensesPrior year −$43,335−$15,293
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $646,873 across 3 lines filed
Lines not itemized here account for $2,891 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $606,602$606,602
VIII-3 Investment incomeExcluded from tax $37,380$37,380
VIII-12 Total revenueRelated to mission $609,493 · Unrelated business $0 · Excluded from tax $37,380$646,873
Part IX · Statement of functional expenses $662,166 across 12 lines filed
IX-11a Management feesPrograms $101,952 · Management $54,245$156,197
IX-11b Legal feesPrograms $3,034$3,034
IX-11c Accounting feesManagement $23,157$23,157
IX-11g Other fees for servicesPrograms $1,580$1,580
IX-13 Office expensesPrograms $8,517$8,517
IX-14 Information technologyPrograms $3,850$3,850
IX-16 OccupancyPrograms $120,024$120,024
IX-20 InterestPrograms $64,526$64,526
IX-22 Depreciation, depletion and amortizationPrograms $152,818$152,818
IX-23 InsurancePrograms $32,907$32,907
IX-24 Other expenses (24a–d)Programs $93,957$93,957
IX-24e All other expensesPrograms $1,599$1,599
IX-25 Total functional expensesPrograms $584,764 · Management $77,402 · Fundraising $0$662,166
Part X · Balance sheet $3,764,254 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $321,094$543,910
X-4 Accounts receivableStart of year $4,607$14,091
X-9 Prepaid expenses and deferred chargesStart of year $6,153$3,221
X-10c Land, buildings and equipment, netStart of year $2,319,328$2,192,768
X-15 Other assetsStart of year $908,561$1,010,264
X-16 Total assetsStart of year $3,559,743$3,764,254
X-17 Accounts payable and accrued expensesStart of year $38,453$34,709
X-19 Deferred revenueStart of year $84,154$274,573
X-25 Other liabilitiesStart of year $41,441$1,001
X-26 Total liabilitiesStart of year $2,217,737$2,437,541
X-27 Net assets without donor restrictionsStart of year $1,337,466$1,322,173
X-28 Net assets with donor restrictionsStart of year $4,540$4,540
X-32 Total net assets or fund balancesStart of year $1,342,006$1,326,713
X-33 Total liabilities and net assetsStart of year $3,559,743$3,764,254
Part XI · Reconciliation of net assets $1,326,713 net assets at year end
XI-1 Total revenue$646,873
XI-2 Total expenses$662,166
XI-3 Revenue less expenses−$15,293
XI-4 Net assets at start of year$1,342,006
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,326,713

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.